brick and mortar

Brick and mortar (also bricks and mortar or B&M) refers to a physical presence of an organization or business in a building or other structure. The term brick-and-mortar business is often used to refer to a company that possesses or leases retail shops, factory production facilities, or warehouses for its operations.

Source: en.wikipedia.org

Christopher & Banks Seeks Chapter 11 Bankruptcy
Christopher & Banks Seeks Chapter 11 Bankruptcy
January 14, 2021  |  Retail

Women’s clothing retailer Christopher & Banks Corporation has voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of New...

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Today In Retail: Walgreens To Launch Co-Branded Cards; Big Lots Reports Rise In Quarter-To-Date Comp Sales
Today In Retail: Walgreens To Launch Co-Branded Cards; Big Lots Reports Rise In Quarter-To-Date Comp...
January 13, 2021  |  Retail

In today’s top retail news, Walgreens is growing its financial services offering with the help of Mastercard and Synchrony, while Big Lots, Inc. said it...

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Epic Games And Google Are Turning Dying Malls Into Corporate Campuses 
Epic Games And Google Are Turning Dying Malls Into Corporate Campuses 
January 13, 2021  |  Retail

Struggling or shuttered shopping malls are sometimes redeveloped into medical buildings, multifamily residences and even Amazon distribution centers, but some are finding new life as...

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Big Lots’ Quarter-To-Date Comp Sales Rise Approximately 7.5 Pct
Big Lots’ Quarter-To-Date Comp Sales Rise Approximately 7.5 Pct
January 13, 2021  |  Retail

Big Lots, Inc. said on Wednesday (Jan. 13) that it had experienced a roughly 7.5 percent comparable sales rise on a quarter-to-date basis, showing double-digit...

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Albertsons Reports 225 Pct Digital Sales Growth
Albertsons Reports 225 Pct Digital Sales Growth
January 12, 2021  |  Retail

Albertsons Companies, Inc. reported digital sales growth of 225 percent and identical sales growth of 12.3 percent as part of its Q3 fiscal 2020 results,...

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Dollar Shave Club Names New Chief Executive Officer
Dollar Shave Club Names New Chief Executive Officer
January 12, 2021  |  Retail

The Dollar Shave Club (DSC) Board of Directors has named Jason Goldberger to be the brand’s new CEO effective Jan. 19. Goldberger will report to...

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Retail Rents Falling From Manhattan To Los Angeles
Retail Rents Falling From Manhattan To Los Angeles
January 11, 2021  |  Retail

COVID-19 and the digital-first trend are sending U.S. retail rents falling in many locales by percentages even greater than those seen in or after the...

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Build-A-Bear Projects 90-100 Pct Jump In eCommerce Demand
Build-A-Bear Projects 90-100 Pct Jump In eCommerce Demand
January 11, 2021  |  Retail

Build-A-Bear Workshop, Inc. anticipates that eCommerce demand for the fiscal 2020 fourth quarter will jump 90 percent to 100 percent in contrast to the fiscal...

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Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise Sales Climb 7.7 Pct
Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise...
January 08, 2021  |  Retail

In today’s top retail news, CarLotz, Inc. says it has received the necessary approval from its investors to complete a potential merger with a blank-check company,...

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